The Daily Banner, Greencastle, Putnam County, 10 February 1932 — Page 2
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GENERAL BUSiNtSS CONDI i IONS F*o**\ tnc N'r'ntKly Da-rfc wr“T- fc* Fct-jn —y locvcd b“ TSo N'-ito-vu C : ty Dml: of New York
-r -r rKILE soirt jccsonr.i '-ptcm ’ Cor.jrcss may ciuoffe, and anyYY ir, business has been appar- way the reparations cpcstion is ^ * ent since, the beginning of toe immediate issue and should be
the year, according to the February 1 review of ihe National City Bank of Nevr York, there has been
settled on its own state of facts.' Tears that have been expressed that the establishment of the
no vigorous recovery. Progress is Reconstruction Finance Corpora-
seen. however in carrying out the Government's program for the support of credit, in the prospect that an accord Will soon be reached in the negotiations for a reduction in th- railway wage scale, and in the reductions in both prices and cost v.hkh have already been put into effect in most
lines of business.
Preliminary- tabulations of industrial earnin t : in 1931, the re-
tion will lead to .nflation. the review states, fail to take into consideration the rcai definition of inflation, since it depends not aione upon the amount of credit outstanding but a? well upon the use to which the credit is put. No one could claim today, it states, that credit is in excess of trade reeds, is circulating too rapidly,* or is being used for inflationarypurposes, such as the bidding up
view Stitt ina :ate i d of prices to fictitious levels. It is 63 per cent as compared with plain that under the driving force 193U, and 70 [ nt ft m the 0 £ fear contraction of credit has 1929 peak gone beyond the point where it is Acceptar. e t. nuropean coun-' a corrective for old difficulties, tries of u ■. of the United and has become the cause of fresh States in refusing to admit a rela- and greater ones which only a tion between war debts and check to it can cure, reparation- . ad. vated by tne j i n the opinion of the bank, review. "Although the European neither the manner in which the debtors do not lit». tne attitude of funds of the Reconstruction the United 'ate- Government.” it Finance Corporation have been states, "it would i ■ better for the obtained, nor the use to which interests involved if they would these funds are to be put can be except the situation as it is and classed as Inflationary. The steps
endeavor to arrive at a new agreement with Germany upon the basis of Germany's capacity to pay rather than upon the basis of what the\ f“m they may have to pay to the United States. They will gain nothing by making impossible demands upon Germany, whatever may he the outcome of their claims on the United States. President Hoover, by his message to Congress recommending the re-estabh-hment of the foreign Debt Commission, has shown that he is favorable to a re-examina-tion of the debts and undoubtedly he has much public sentiment to support him. The attitude of
undertaken by the government, the discussion states, are designed only to replace by a public source of ’ credit the normal private sources that are dried up by the effects of fear. They are to free credit, not to create it. The Corporation is specifically forbidden to make loans for the purpose of initiating or financing any enterprise not initiated prior to the Act by which it was established. The present temper of the people, strongly colored by conservatism and a desire for economy in both public and private affairs is further guaranty that only moderate measures will be counten-
anced. That the United States is in ■'5 position to meet all potential demands for gold, and yet maintain a surplus weii above legal requirements is the opinion c.rprco'cd in the review of business and financial conditions. "Tvith regard to the sufficiency of gold reserves against demands for oreport or increased currency withdrawals within the country.” the review states, "present calculations reveal a surplus above the legal minimum sufficient to provide fur either (1) a loss of approximately $1,400,000,000 through export, or (2) an increase of $3,500,000,000 in domestic currency requirements. In the event of a simultaneous demand for gold and currency, the Reserve Banks after a loss of $500,000,000 in gold could still provide for $2,200,000,000 additional currency, and after a loss of $1,000,000,000 in gold for $1,000,000,000 additional currency. In addition to this, gold reserves could be further augmented somewhat by substituting Federal Reserve notes, requiring only 40 per cent gold backing, for gold certificates in circulation requiring 100 per cent gold backing. As a final emergency measure the Reserve Banks could, under the law and upon payment of certain penalties, permit their gold reserves to fall temporarily below the normally required minimum. These figures supply impressive evidence of the strength of our reserve position and of our ability to maintain the gold standard against all eventualities short of a universal demand for cash. The hoarding of currency is not evidence of doubt of our gold position, but of distrust of banks in certain communities as a consequence of bank failures."
THE DAILY BAJNJSEK so ~' r ~
„ . , , Aa ' 3 ... . 1 W*> -•• bc-rby rv«?n ^ the cred- ' TlcIviU GonSUlIOSC'Etl j itorv. h-w- md >’*fc7c^v. of CVnrlc? J. “It Wave* For AH” | Arnold, dcccn-'yi. to j n *' n „ Entered in the post office at Green- Putnam Crvtvt Court, held at Greencastle. Indiana! ns second class mail -artlo. Indiana, on the 4th day of matter under act of March 3. 1879. ! Mnrch, 1932. a-d -how cause, if any., Subscription price, 10 cents per | the final -"ttlement .accounts
Courtesy of The Central National Bank & Central Trust ( ornpany
fELLOWSHIP OP
PRAYER
DAILY LENTEN DEVOTION • PREPARED BV THE REV DWIGHT J. BRADLEY
SPONSORED BY
THE FEDERAL COUNCIL OF THE CHURCHES OF CHRIST IN AHERKA
SOP* I
the sun shine no longer as it used to i shine ? Do we seem to be living more and more under a shadow' of foreboding? If so, what is happening to us? ' Can it be that we are beginning to i realize that some great thing has been lost out of our lives? Are we, perhaps, beginning to come to ourselves? Prayer: Heavenly Father, we are thankful because Thou hast put into our minds a remembrance of Thee. We know how far we have gone away
What is this that makes us at times | from the light and joy and peace restless and discontented- Have we which belong in Thy Presence. V\c been growing of late dissatisfied with ! S ee ourselves, although dimly, through life, with ourselves, and with the Thy revelation, and we understand world? Does a strange wistfulness ! niore clearly what poverty is ours come ; into our hearts so that we feel since we deserted Thee. In utter like homesick children or like wand* loneliness and in de pair we <lc ire, erers in a foreign land? Are cui O God, to come back unto Thy house, spirits frequently depressed? Does Forgive us, we pray Thee, and re-
"HE CAME TO HIMSE1 F"
( Ri ad Luke 15:11-24.)
celve us once again in Thy love. Amen.
week; $3.00 per year by mail in Putnam county; $3.50 to $5.00 per year by mail outside Putnam county.
SEED
vVe make our pilgrimage to Nancy Hanks Park in our ov.-n Hoosjer land. We there follow the veil-beaten path to a simple little granite column and read, NANCY HANKS LINCOLN, MOTHER OF ABRAHAM LINCOLN, DIED OCTOBER 5, 1318, AGED 35 YEARS. This beautiful grave of 30 acres was purchased in 1905 and belongs to the State forever It is watched over by a careful guardian. There is a roofed and open chapel. Visitors jfrom every clime, the humble, the great, and the learned, visit this historic shrine. This woman with aspiiation and purpose uncomplainingly toiled and dreamed. Abe wrote of her: “My mother worked steadily, and without complaining. She cooked, jinade clothing, planted a little gar t den. She coughed at times and often (would have to lie down for a little ] while. We did not know she was ill. ^ She was worn yellow and sad. One day when she was lying down, she | motioned me to come near, and, when 1 stood by, the bed, she reached "out 1 | nne hand as if to embrace me and, |Kii ting to my sister, Sarah, said: ‘Be good to her, Abe!’ The tired woman jilo.-el her eyes and it was several hours before the children knew she i was dead.” The Mother of Abraham Lincoln. This is immortality. Poverty and loneliness were her lot, but Abraham Lincoln belongs to the ages. The tears of the sower and the songs of the reaper here furnish the theme for an immortal anthem. —SOWER
with the estate of said decedent should not be approved; and said heirs are notified to then -and there make proof of heirship, and receive their distributive shares.
No. 7373.
Witness the clerk of said Court, this 10th day of February, 1932. John W. Herod, Clerk Putnam Circuit Court. i0-2ts
Society Telephone All Social items to 95 Valentine Dinner At Country Club Mr. and Mrs. Frank Donner and Ml*, and Mrs. Wilbur S. Donner ent.-r
jv 0 _ a*swi • » Icsri fr-cTer-c 22oIr. ”viT\ter rase tie tterr lick Plan Jo- feeitc- * f C®a'k*©l*98*Co2d5 Use Together
T..r^’'. a 1 . 1
it is the smart thing now always to have your own silhouette framed, iou can have yours cut by a silhouette artist at the Valentine party Friday evening, 4 to 6 for public, after six dinner guest at M E- Church Phone 234. Pearl O’Hair ‘L
NEW MAYWIJ LF
Mr and Mr**. Ray Graham and
family of Bainbridge, Mr. an.i Mrs. Clyde Steward and son spent Sunday
with Ida and Laura Steward Mrs Ella Hendren spent a few days
tained a large company of friends at with Mr am , Mrp Char i ey McFarren. i a Valentine dinner at the Country | and Mrg Temple and 1
dub and bridge at the home of the
former Tuesday evening.
The dinner tables were beautifully decorated in keeping with the Valentine season. Mr. and Mrs. George
AVOIR IHE PENALTY Auto Licenses Are Dae—Your Foil Tax Mast Be Paid IF IT’S mone y Y OU NEED SEE US tYe Will Loan You Up To $300,00
—On—
FURNITURE AUTOMOBILES LIVE STOCK IMPLEMENTS, ETC Repayment Terms
To Suit
Each Individual Indiana Loan Co.
24 i
E- Washington t
Phone 15
MITT ME \T THE UNION DEI’OT
fOl-JoIcHS
1* or Sale at It. I*. Mullins
Coes Farthest at ■A PEN KEYS
5;0OO Yards - Crisp New Spring Wash Goods Included in I his Great Heart of The Dollar Event. (Jay new prints, printed voiles, dimities, batistes, flaxons, rayon, also the new (bin Dot Mesh and Ray-O-Mesh. All are fast colors. Prices are 10c yd* to 43c yd* And Note These Prices On Toilet Goods
PERSONAL AND LOCAL NEWS
Sam ft anna was in Indianapolis on business Wednesday Mrs. Vcrnie Larkin of Mt. Meridian was a visitor here today. Mrs. Alice Ader Davis remains uite ill at the home of her daughter, Mi \ i' O'Hair Harry Vonderschmidt of Bloomington, owner of the Granada Theater was here Wednesday Tlie local Moose lodge will meet in regular session tonight at 8 o’clock. Ml members be present. Mrs .Gertrude Wemeke is in Chi cago this week attending the corset fitting school being conducted by the Gossard Company Anna Mae Bixler, 17 months old (laughter of Mrs. Nellie Parrish, 405 (Berry street, was taken to the Riley hospital in Indianapolis today by Miss Mary Agnes Miller, county nurse.
Morris of Terre Haute weie out of town guests. + •!• •b -E d* + S. C. C. Club Mel Tuesday Evening The S. C. C. club held theii regular meeting Tuesday evening with Mrs. Ralph West and Miss Helen Browning at the home of the latter. A Valentine box was the feature of the evening. During the social hour refreshments were served by the hostesses. + 4* + •!• + + Mrs. Abrams To Be Hostess Thursday Section Two of the Christian church will meet Thursday afternoon at 2:30 o’clock at the home of Mrs. Roy Abrams on west Poplar street. Mrs. W. L. Denman and Mrs. Hudlin will assist the hostess. Each member is asked to be present. *|* t-J* Mrs. Twigg To Be Hostess Section One of the Christion church will meet Thursday afternoon at 2 o’clock at the home of Mrs. Call Twigg on north Vine street. Miss Rose Siddons will lead the devotions in keeping with the word "Riches ”
•J*
Mrs. Hardy Will Be Hoot 'sh I To Section Three Section Three of the Christian church will meet Thursday afternoon at 2:30 o’clock at the home of Mrs. W. T Handy, Cemetery road d- 4* -b + + + L. F. F. Bridge Club To Meet Tonight The L. F- F. Bridge Club will meet with Mrs. Raymond Baldwin, 11:0 West Berry street. Wednesday ewnmg at 7:30 o’clock q. q. q* q, q« New Era Club Viet Tuesday Mrs. W. E. Gill wa the genial hostess to the members of the New Era club Tuesday afternoon at her home, j 413 Anderson street. There were sev i
son -pent .Saturday with Mr and Mrs. I
Cecil Egger- and family of Indiana-: Cramer.
l ,olis - Mr. and Mrs. Willie Ader made a .Mi -- Helen Weller, Ella Hendren business trip to Greenca-tle ,t ur .
spent Sunday evening with Ida and ,jay afterntfon. *
Laura Steward. tj it n,
Ida ami Lama Steward - ent
Mrs. Corda Temple spent Sunday afternoon with Hatt : e KendelL Mr. and Mrs. Cramer and son spent Sunday with Mr ar.d Mrs. John
Thursday with Mrs. John Crai... r
ADVERTISE IN “TBL cANNER*
SAVE WITH SAFETY On our complete line of Dru^s, Sundries and Supplies.
STANDARD REMEDIES
OTHER SAVINGS
30c Kondon's catarrh Jelly ... 24c oJe Vick’s Salve 2Ht* $1.00 Vapex ... SHc $1.00 Vapure .. 79c 75c Ml 31 Solution 59c
$1.00 Miles
Nervine 84c $1.00 Pepsodent Antiseptic ... 84 c
You’ll find our Quality the our Prices the Lowest.
81c 79c 89c
$1.25 Konjola $1.00 Peptona $1.00 Adlerika
$2S. S. S. Tonic SI.r,9
50c Hind’s ..
Cream 39c 50c Non-Spi 59c 50c Toothpaste 59c
35c Shaving
Creams 29c
Highest awl
FLEENOR’S AND 0WI. DRUG STORES
World day of prayer, represented i pn,f ‘ <>n members present.
Tooth Pastes
Face Creams
Misc. Hems
•
Pepsodent. large
31 r
Pond’s lafge size ,
39c
Cleaning Tissues
23c
Pebecro, large
31c
Pond’s small size
23c
Packers Shampoo
Ipana large
31c
Jaciel, large size
39c
Listerine, large
39c
Squibbs, large
31c
Jacil small size
23c
Listerine, small *.
19c
Colgates, large
. '«*•
Woodbury's large size
39c
Aywon Mouth Wash, large
25c
Colgate*, small . .*.
..8c
Daggett and Ramsdell
29c
\ywoij. Mouth Wash, small
10c
Lislerene, large
. 19c
Hir.d’c Honey & Almond Ig. 29o
Shaving Lotion, large ....
25c
Aywon, Large c
25c
Hind’s Honey A Almond, sm
, 8c
Shaving Lotion, small ....
10c
Ay won. small
. 10c j
Pond’s Skin Freshener «
39c
Frostilla. large
39c
SEE OUt NEW LINE OF 10c TOILET GOODS
J. C. PENNEY CO., Inc.
the met
by the federated church women of the Greencastle churches will he held ut 12:30 n’c)"<tie«friday at the Baptist church. Every women is asked to come and bring sandwiches and one
dish of food.
A car belonging to Clarence Rice, mail carrier at Roachdale, was slight !y damaged when it went into the ditch and turned on its side, six miles cast of Greencastle Tuesday evening. A wrecker from tiie McCammon gar age pulled the car out of the ditch. Patricia Duvall of Seattle, Wash., and Grace Hays of I/ing Island, N. Y., were dinner guests of Mr. and Mrs. I* C. Brown and daughter Geneva Tuesday evening. Miss Brown is at home for a few days before leaving on
a tour of the southern states.
Applications for the admittance of Mr. and Mrs. John Nichols of Jefferson township to the Evansville state hospital, have been accepted at the state institution and Mr. and Mrs. Nichols probably will be taken to the hospital for mental cases Thursday. Wiring on a Hudson automobile !)t the home of Homer Frazier, 901 south Indiana street, was damaged about 9 o’clock this morning when it caught fire us the engine was being started. City firemen made a run to the scene hut the minor blaze had been extin-
guished when they arrived.
Ten years agn while attending S school in Terre Haute, Floyd Milei 9 acidentally swallowed an ordinary pin.'S He followed instructions of a phy-|g sieian and thought nothing more of it. 'S Last Sunday he was taken ill with a S severe pain in his side and in a coughing spell, released the 10 year oldig pin and coughed it up. Now it is be* Is lieveij he is improving and that s
pain in his side was caused by the pin. iBiKfB^)BjaiafS1511^ , 5MF , ^'5 ,; trrr;3fjcnjj^rBmr
The program was in charge of Mrs Outer Beck, who discussed “George Washington Memorial.” l'ollo\t>uyj^.tlid program a delightful social hour was enjoyed at which time the hostess served delicious refresh-
ments.
+++*♦*
Mrs. McNary Hostess To Fillmore Missionary Society The Missionary Society of Christian church at Fillmore
Tuesday at the home of Mrs. Maude ! McNary, Seminary street. Mrs. Lizzie I Cowgill had charge of the program.! Sixteen members were present. A 1 pitch-in dinner was served at the noon !
hour.
4* 4* 4* 4* 4* 4*
Clovcrdale Legion Auxiliary To Meet The Auxiliary of the Hurst-Collina | American Legion Post No. 281, Clov-J erdale, will meet at the Opera Mouse ' in Cloverdale, on Thui day evening j at 7:30 o’clock. Ail members and all persons eligible for membership are! urged to attend.
4- 4* 4* 4* 4 1 4-
Study Group Will
Meet Feb. 24.
The Adolescent Study Group of the' A. A. U. W. will meet February 24 in stead of February 10 a* scheduled.
WANTED
1000 Women to come
To
A. & P. Grocery
Sample Quaker Maid Products
Miss Bartle will remain in the
store Thursday, Friday and Saturday to give hints and re-
ceipes on Salad making.
FLINT’S Every Dav Prices You need not wait for week-end bargains, they arekere every day for you, in HOME KILLED MEATS * i ^ Inst one trial of home killed heof will be enough to assure you that none other is as good. Our pricei( are much lower than any . then when quality is considered. Steak—any cut—Per Lb o'c Roasts--any cut—Per Lb 12 1 2c Boiling Beef —Per Lb 7 j.jt Hamburger "That You Can Eat’’—Per Lh 12 l-2c Fresh Hama—Half or Whole—Per Lb. lie Fresh Shoulders—Whole or Half—Per Lh . 9f Fresh Pork I.oins—Half or Whole—Per Lh. . . . . Ilk* I’ork (hops—‘Small and l>ean”—per Lb |2 l^o Shoulder—Sliced To Fry—Per Lb ..12 1*2f Breakfast Bacon—“Sliced and Rined—Per Lb. Bacon Strips—“Sugar Cured”—Per Lb. .. I«r Ml LH. PI REOPEN KFiTL/7 RENDERED LARD Here are some real bargains in the grocery line: Matches—f> 5 C Boxes for 17c 2 Lbs. Soda Crackers—Good Quality ....'! 1!,r 5 l.b. Meal ., 10c 21 Lb. Flour — “Try A Sack” ■ 4,k11) Lb. Navy Beans—C. H P 1 Full No. 2 cans Red Beans—-Pork & Beans and Tomatoes No. 10 Can Red I'itted Cherries 63c A Good Bulk Coffee "Everyliodv Likes It" 2 Lbs * Farmers Pride Coffee—Per Lh . 23f 3.F Coffee—Per Lb ... 33c Our Special Brand Coffee—“Mighty Good” 10 Bars Kirks Ulake-P. & G. or Farmers Pride Soap 25 Lb. Sugar— _ _ $1.21 10 Lb. Sugar ... 49c Macaroni or Spaghetti—“Regular Size Package”-! for 2Sc A COMPLETE LINE Of FRESH FRUITS & VEGETABLES These Price* 0 Are Good At All Times. Rhone 355 Free Delivery